51 Edgewood Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Listed by Netter Real Estate Inc | $699,900 | |
| Listed by Netter Real Estate Inc | |||
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Welcome to your opportunity to renovate and create your dream home! Located in the desirable Parkwood section of West Islip, this beautiful split ranch offers the perfect canvas for your imagination. With easy access to the town beach and shopping, the location couldn't be better. Featuring three bedrooms, 1 1/2 baths, an open-concept eat-in kitchen, dining room, and living room, as well as a spacious den and office/4th bedroom plus a two-car attached garage, this home has endless potential. Don't miss out on the chance to turn this gem into the envy of the neighborhood!
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| Oct 7, 1994 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017